Riot Platforms (RIOT), a bitcoin miner and data center operator, reported Q2 revenue that exceeded analyst expectations. The company announced a new data center lease, further fueling its growth.
Total revenue for Q2 reached $174.2 million, up 14% year-over-year, surpassing estimates.
Riot's shares rose 4.23% to $20.22 during post-market trading on Monday.
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